I wasn't aware a seller can cancel a listing once bidding has began(if you already know this no need to read further). I just got off the phone with an e-bay rep and found out any auction can be canceled up to 12 hours before auction ends, doesn't matter if there is "no reserve", doesn't matter if bidding has started. This seems more like a listing than an auction. Anyway, the rep stated a seller can only cancel if the item is no longer for sale(sold elsewhere, lost, damaged, etc.). How do they know this? Only if the same seller offers the same item at a later date, i.e. the item is still available for sale. If this is the case(in this instance, yes) a confidential complaint may be filed and the seller will be "investigated" by ebay(according to the rep). Regarding this item the seller has it offered on CL and "buy it now" on e-bay, at the same time as the regular auction(listing).

So.....if you're bidding on an item and it seems like the price is too good to be true, don't get your hopes up until the magic 12 hr window is entered.

Brian